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$195,000

7129 Village Lake Dr, Cypress, TX, 77433

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,165 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.38 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size4,199 sqft

Building Information

Year Built1982
Stories1
Garage Spaces1

Land Information

APN1151800040024
Lot Number24
SubdivisionLancaster
Land UseResidential
Legal DescriptionTR 145 BLK 4 S 41 FT OF LT 24 LANCASTER SEC 1
Census Tract543010
Assessed Land Value$43,050
Assessed Improvement Value$121,868
Assessment Year2025

About this property

Step inside this starter 2 bed, 2 bath, 1 car garage home and be greeted by an inviting layout featuring gray vinyl plank flooring throughout, recessed lighting and new paint. The spacious living area welcomes you with a with a cozy fireplace and vaulted ceilings. Plenty of natural light fills the dining area, while the main living spaces flow seamlessly into the beautifully updated kitchen that features updated quartz counters & cabinets, a SS sink, and SS appliances including microwave & refrigerator. The spacious primary bed offers vaulted ceilings, a built-in vanity, and a large walk-in closet. The primary & second baths also have been updated with new quartz counters & cabs. The secondary bed has a modern ceiling fan. Step outside to the back patio and a large backyard offering plenty of space to bring your personal touch. Zoned to Cy-Fair Schools. Conveniently located near FM 529 and Fry Rd, with easy access to restaurants, shopping, and everyday essentials. Come see it today!

Investor Tools

$0Estimated Mortgage Balance
$199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Claudio Andrade

REALM Real Estate Professionals - West Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,347
$164,918
2025
$43,050
$121,868
$164,918
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,347
$164,918

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$500/mo
+$1,410/mo
11.5%

City: Cypress

7129 Village Lake Dr | Property Details | No Agent List